Latest Briefings

Covid-19 Ireland: Support extended credit guarantee scheme and new pandemic fund

On 2 May 2020 the Irish Government agreed a suite of important measures to further support affected small, medium and larger businesses. These include a €2 billion COVID-19 Credit Guarantee Scheme to support bank lending to small and medium sized enterprises and a new €2 billion Pandemic Stabilisation and Recovery Fund to support medium and large enterprises.

Use of Government’s coronavirus job retention scheme by companies in administration: Debenhams

In a judgment handed down on 6th May 2020 in Re Debenhams Retail Ltd (in administration) [2020] EWCA Civ 600, the Court of Appeal provided confirmation on the implications for office holders and insolvent estates of using the Government’s Coronavirus Job Retention Scheme in administrations, following the previous first instance decisions on the issue in Re Carluccio’s Ltd [2020] EWHC 886 (Ch) and Re Debenhams Retail Ltd [2020] EWHC 921 (Ch). Matthew Weaver considers the judgment and its implications in this briefing.

Use of Government’s coronavirus job retention scheme by companies in administration: Carluccio’s

In a judgment handed down on Monday 13th April 2020 in Re Carluccio’s Limited (in administration) [2020] EWHC 886 (Ch), Snowden J considered the application of the Government’s Coronavirus Job Retention Scheme in administrations both as a matter of principle and in respect of the logistics and practicalities involved for office holders. Matthew Weaver considers the judgment and its implications in this briefing.

Green is good – a Channel Islands perspective

Fiona Le Poidevin, CEO of The International Stock Exchange Group, explores how the Channel Islands are utilising experience and expertise to make a significant impact in global green and sustainable finance initiatives.

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Cause for concern

Imagine struggling away at your job and ending the year without making any money out of it. Not so hard to imagine for a vast number of practitioners, who will find the newly-released figures on earnings and profitability in the solicitors’ profession a depressing confirmation of what they already know to be true. According to […]

Man of action

The Lord Chancellor is used to seeing his name in the press. Recently, with all the right wing indignation over his divorce reforms, he has seen it coupled with talk of back-tracking and revolt. But it was a story in the Daily Telegraph last week which finally shook him out of his reserve to put […]

Mackay not amused by Telegraph speech story

LORD Mackay’s problems from within his own political party seemed to return last week, when he took an unprecedented step over another unprecedented step later revealed to have never occurred at all. The Daily Telegraph’s front page splash last Thursday asserted: “Lord Mackay, the Lord Chancellor, is to take the unprecedented step of reminding judges […]

Dechert signings

The Washington DC office of Dechert Price & Rhoads has signed five lawyers from defunct New York firm Mudge Rose Guthrie Alexander & Ferdon. Senior litigation lawyer Leonard Garment, former managing partner of the Mudge Rose DC office I Lewis Libby, Ralph Oman, Joseph Aronica and Edith Albert have moved. Their signings have expanded Decherts’ […]

Change of direction

By 1 November, the Law Society requires firms involved in discrete investment business to have a “qualified person” to conduct or directly supervise this business. To date, the number of firms signifying their intention to do so is low and the society describes the response as “disappointing”. The deadline has focused attention on whether financial […]

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